MCDTA - McDATA Class A $24.31 *** EMC Distribution ***
MCDTA represents Class A common stock in McDATA (NASDAQ:MCDT), a
provider of high performance enterprise switches and other related
software for connecting servers and storage systems in a storage
area network, or SAN. The company sells its many products through
original equipment manufacturers, such as EMC Corporation, other
resellers, such as International Business Machines, and systems
integrators. McDATA's solutions include hardware and software
products, methodologies and education that enable businesses to
scale their operations globally through a far-reaching, manageable,
flexible data infrastructure that is optimized for application
deployment and responsiveness to customer needs. MCDT's products
enable business enterprises to deploy a low-cost, highly available
and centrally managed storage network to support growing storage
capacity requirements. MCDTA is a relatively new issue, due to a
distribution of "when-issued" McDATA Class A common stock to EMC
shareholders and the options provide favorable speculation on the
movement of the parent company.
APR 17.50 MQG PW LB=0.56 OI=23 CB=16.94 DE=28 TY=11.2%
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